Private Home Acquisition By Singaporeans Soar In Q1 2019

Singaporean interest in owning a private property has reached an unprecedented high in Q1 2019 according to 10 years’s statistic. Interesting to note, luxury home’s take up rate increased by as much as 63% compared to a year ago.

Survey also shown that younger generation get independent earlier and Executive condos has garnered an increased demand among HDB upgraders.

While URA result shows a 16% rise of transaction volume versus last year, analyst commented that this data shows the confidence level of investor by choosing this city state to put their money in a safe haven of capital appreciation.

Source: https://www.propertyguru.com.sg/property-management-news/2019/4/179755/private-home-acquisition-by-singaporeans-soar-in-q?utm_source=pgsg-newsalert&utm_medium=edm&utm_campaign=dailynews-30Apr2019&utm_content=links

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